Short Interest in Butler National Co. (OTCMKTS:BUKS) Rises By 366.7%

Butler National Co. (OTCMKTS:BUKS) was the target of a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 2,800 shares, an increase of 366.7% from the October 31st total of 600 shares. Based on an average daily trading volume, of 156,000 shares, the days-to-cover ratio is currently 0.0 days.

Butler National Stock Down 0.9 %

BUKS stock traded down $0.02 during trading on Friday, reaching $1.63. 26,610 shares of the stock were exchanged, compared to its average volume of 77,280. The firm’s 50 day moving average is $1.39 and its 200 day moving average is $1.09. Butler National has a twelve month low of $0.66 and a twelve month high of $1.72. The company has a current ratio of 1.74, a quick ratio of 1.31 and a debt-to-equity ratio of 0.57. The firm has a market cap of $111.28 million, a P/E ratio of 8.15 and a beta of 0.62.

Butler National (OTCMKTS:BUKS) last posted its quarterly earnings results on Friday, September 13th. The company reported $0.03 earnings per share for the quarter. Butler National had a return on equity of 26.98% and a net margin of 17.33%. The business had revenue of $19.83 million for the quarter.

About Butler National

Butler National Corporation, together with its subsidiaries, designs, engineers, manufactures, sells, integrates, installs, repairs, modifies, overhauls, services, and distributes a portfolio of aerostructures, aircraft components, avionics, accessories, subassemblies, and systems in North America, Europe, the Middle East, Asia, and internationally.